Hyderabad: On Thursday, Union Minister G Kishan Reddy praised Prime Minister Narendra Modi for announcing new Goods and Services Tax (GST) reforms. He described the move as a major step toward economic progress. These changes were first mentioned by Modi during his Independence Day speech at the Red Fort and received formal approval from the GST Council on Wednesday.
Reddy explained that the reforms aim to improve people’s lives and make business processes easier. He stressed that these changes focus on benefiting the general public, highlighting the government’s dedication to inclusive growth.
The approved reforms include lowering taxes on essential goods, which should quickly help households across the nation. Industries that require a lot of labor will get special support to increase jobs and boost local production.
Reddy stated that the agriculture and health sectors would gain significantly from the reforms, with reduced costs and better access to necessary services. He expressed gratitude to Prime Minister Narendra Modi for making this impactful decision to empower citizens economically.
